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Samsung Plans To Open $380 Million Home Appliance Plant In US, Creating Almost 1,000 Jobs (cnbc.com)

Samsung Electronics has agreed to open a $380 million home appliance manufacturing plant in Newberry County, South Carolina. The new plant is expected to generate 954 local jobs by 2020. CNBC reports: The South Korean firm said this year it was in talks to build a home appliances plant in the United States amid worries about protectionist policies under U.S. President Donald Trump put pressure on global companies to generate jobs in the country. "With this investment, Samsung is reaffirming its commitment to expanding its U.S. operations and deepening our connection to the American consumers, engineers and innovators," Samsung Electronics America President and CEO Tim Baxter said.

1 of 65 comments (clear)

  1. Re:Well done Mr. President, your approach works... by quenda · · Score: 4, Interesting

    Look, we're to be getting close to 1K jobs. Who can say that's bad or that he hasn't delivered?

    Maybe you were being sarcastic though, since 1k jobs is chickenshit, and I missed it.

    You did not miss it. I took it as sarcasm, but these days, who can tell for sure?

    Trump has been promising the coal miners their jobs back, but everyone in the industry is saying they are not coming back, and the best Trump can do is slow the losses. This is not Trumps fault, or Obama's, or any politician. Automation is global. One excavator can mine 240,000 tons of coal per day with a crew of five.

    Trump may be trying to keep his promises, but he certainly does not try to make promises he can keep.